The previous United Progressive Alliance government had permitted up to 51 per cent foreign direct investment in multi-brand retail but the current National Democratic Alliance government is opposed to it.
GFA shoots down AFC claim, says no evidence
While the national population explosion places nearly intolerable strains on India's physical and social infrastructure, the country's democracy is so dysfunctional that it is reasonable to ask whether it can rise to the looming economic and demographic challenges.
CAIT has attributed its displeasure to the economic downturn, and indifferent attitude of ministers/officials towards domestic trade.
An agreement to set up an Indian technology centre in Moscow to promote commercial use of Russian technology will be signed during Science and Technology Minister Kapil Sibal's visit beginning today.
Realising the importance of sustainable development, Indian companies are increasingly taking into account the environmental impact of businesses while taking decisions, industry body Confederation of Indian Industry said on Wednesday.
'Someone who has lost a dear one to Covid; that person is not going to forget and will not vote for the BJP.'
The confederation met in Chennai and decided to meet Tamil Nadu Chief Minister Jayalalithaa and seek allotment of a seat for the confederation in the polls.
Traders are 'chowkidar' (watchman) of Indian economy, CAIT secretary general said.
Poor policymaking, a fractious industry and the cockeyed nature of regulations are to blame, saya Vanita Kohli-Khandekar.
The smartphone category as a whole was expected to spend around Rs 1,000 crore on marketing and promotional activities over the next six months, even as India unlocks gradually, said media industry experts. This spending is expected to come down, as firms temper their launches.
Almost 70 per cent of alcohol distribution in India happens through liquor vends or shops, while 30 per cent happens on-premise, that is, in bars, pubs, and hotels.
However, the FIH has appointed a committee to held the India manage the mega-event.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Owing to the poor market conditions and tepid sentiments, the size of the show has shrunk compared to the last edition, which took place in 2018. A majority of the two-wheeler makers, and several car and commercial vehicle makers, have opted out of this year's show, which opens for the media on Wednesday.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
New government should consider reforming taxation rules.
The industry also emphasised on supply-side interventions by the government to tackle persistently high food inflation.
'The government should put the whole road map together for the vaccine and decide how industry can support...' 'They should allow the private sector to vaccinate.'
All India Football Federation president Praful Patel said India must ensure that 'right steps' are taken as it targets qualification for the 2022 FIFA World Cup in Qatar.
A summary of sports events and sports persons, who made news on Wednesday
Asked if the impasse with 'minus one' would continue, he said he hopes that someday even the 'minus one' comes around to regional cooperation.
ICICI bank CEO and CII president K V Kamath told the media on the eve of the two-day national council in Hyderabad that 'skilling' was the key area and big challenge for the country.
The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.
Among other demands, the unions are also seeking immediate introduction of five-day week in full and reduction of cash transaction hours and regulated working hours.
The speech could have been avoided had the industry representatives been more attuned to the nuances of PM's views on inclusive growth.
Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.
Former captain and current advisor to All India Football Federation, Bhaichung Bhutia has admitted that the eight-year old I-League has been a failure and feels that the 'successful' Indian Super League should be given a few more seasons before a possible merger of the two.
In its 19-page Standard Operating Procedure for resumption of training as well as competitions, the Boxing Federation of India has mandated health protocols similar to what the Sports Authority of India has suggested.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
In India, Walmart provides service to over 6,00,000 business members and small mom and pop stores.
'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.
Companies were consulting law firms and consultants to understand the Bill.
Ravin Gandhi wrote an op-ed for CNBC following Trump's Charlottesville remarks but was quickly trolled and racially abused by readers.
Economists expect Modi to announce big-bang reforms.
The overall rank has been propped by the third criteria of innovation and sophistication, which have ranks of 59 and 57 respectively.
The 2006 FIFA World Cup winner and Delhi Dynamos coach says 'ISL can also improve Indian players by having good coaches, academies which will help to grow Indian football'
The Right needs an apparently potent and dangerous foe to keep its own followers in line. If they lower their guard, the insidious enemy may creep in, argues Amulya Ganguli.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances